PYMNTS

DECEMBER 3, 2020

Today in B2B payments, Visa embraces the USDC digital currency for corporate payments. Visa Teams With Circle on USDC Digital Currency Corporate Card. Visa will provide a credit card that allows companies to make and receive payments with the digital currency once Circle graduates from Visa’s Fast Track initiative.

Currencies 60

Currencies B2B Accounts Payable Invoicing 60

PYMNTS

MAY 20, 2019

TransferMate Global Payments, the cross-border B2B payments provider, announced Monday (May 20) it inked a deal with Wells Fargo to deliver its Global Invoice Connect platform for U.S. In a press release , TransferMate said its Global Invoice Connect Platform enables U.S. dollars or in the customer’s local currency.

Invoicing 53

Invoicing Foreign Exchange Reconciliations Currencies 53

PYMNTS

OCTOBER 1, 2019

Accounts receivable automation firm Invoiced is adding new features to its solution, including support for recurring payments and enhanced cash flow forecasting for CFOs. “These new features and many others further distinguish Invoiced as a true, end-to-end platform, and set us apart from more narrowly focused products and tools.”

Invoicing 43

Invoicing Cash Flow Forecasting Forecasting Compliance 43

PYMNTS

JULY 17, 2017

is adding support for companies that have foreign invoices, reports said Friday (July 14). The invoice financing company said it is adding euro and U.S. dollar capabilities to its solution, allowing businesses with invoices in these currencies to get financed. MarketInvoice, based in the U.K., MarketInvoice raised $9.5

Invoicing 41

Invoicing Finance Currencies Foreign Exchange 41

PYMNTS

DECEMBER 15, 2017

Complex on so many levels, especially when it comes to payments and, more specifically, invoicing, where demands for payment are tracked through paper and electronic means. Flywire’s background in the healthcare and education space, along with its existing invoicing system, helped assist these businesses in new ways.

Invoicing 48

Invoicing Reconciliations Currencies Foreign Exchange 48

PYMNTS

OCTOBER 23, 2020

We have deep dives on Apple Pay, cross-border invoices and J.P. PayPal is jumping into the world of digital currency , allowing those who have wallets to purchase, sell, and keep tokens such as ethereum, bitcoin, litecoin and bitcoin cash in their PayPal accounts. Report: Overcoming Cross-Border Invoice Complexities.

Invoicing 59

Invoicing Healthcare Forecasting Currencies 59

PYMNTS

JULY 6, 2018

In an effort to expedite payments for small businesses, MakerDAO is working with Tradeshift to tokenize unpaid invoices through an experimental program. With the effort, a small business could have the opportunity to change an invoice into the Dai stablecoin.

Invoicing 53

Invoicing Currencies B2B Finance 53

PYMNTS

AUGUST 2, 2018

Accounts receivable (AR) management solutions provider Invoiced has enhanced its platform through a partnership with U.K.-based The company announced in a press release Wednesday (August 1) that its collaboration with GoCardless enables businesses to support direct debit payments when they invoice their customers.

Invoicing 40

Invoicing Accounting Reconciliations Currencies 40

PYMNTS

SEPTEMBER 25, 2019

Cloud-based finance software Bill.com can now facilitate international payments in 106 currencies and 137 countries, the company announced in a press release on Wednesday, Sept. But businesses need a partner that can help them manage the complexities that come with processing multi-currency invoices and making payments in local currencies.

Currencies 40

Currencies Accounts Payable Valuation Invoicing 40

PYMNTS

JUNE 25, 2020

But as David Landsberg , co-founder and CEO of Peasy , recently told PYMNTS , these programs aren’t always effective, and can sometimes create a scenario in which a supplier accepts a steep discount on an invoice without ever actually being paid. Peasy recently launched in the U.K. Esker Adds Credit Tech To AR Platform.

Invoicing 112

Invoicing Accounts Payable B2B Currencies 112

PYMNTS

MARCH 20, 2017

the cloud-based treasury and working capital solutions company, announced Friday (March 18) that Pimkie chose its supply chain finance solution to manage its supplier invoice financing program. In a press release, Kyriba said Pimkie is using its reverse factoring solution to offer suppliers early payment of invoices. Kyriba Corp.,

Invoicing 40

Invoicing Treasury Currencies Finance 40

Future CFO

JUNE 6, 2023

Emerging financial fault lines in Asia Pacific may induce sovereigns, central banks and companies in the region to diversify the currencies in which they raise funds, invest their reserves or invoice merchandise trade, said Moody’s recently.

Currencies 52

Currencies Invoicing Finance Banking 52

PYMNTS

JULY 13, 2016

The advent of the cloud — with its ability to be flexible and changeable at a moment’s notice, helping enterprises track the cash flow cycle as they branch out into new locales — means that tracking currencies has become a much more intuitive process.

Currencies 40

Currencies B2B Treasury Invoicing 40

PYMNTS

APRIL 23, 2020

Business payment and accounting solutions provider Gilded said that digital currency data provider CoinMarketCap has implemented its cryptocurrency payment technology, according to an announcement. Our solution puts digital currency payments and accounting on autopilot, so businesses can focus on innovation and growth.”.

Technology 78

Technology Invoicing Currencies Leverage 78

PYMNTS

MARCH 7, 2016

Procurement is becoming far more streamlined in terms of the source-to-pay process — that progression appears to be accelerating as businesses work together to make it easier for corporate buyers to settle their digital invoices. Key in this movement, however, is facilitating cross-border payments as SMEs look overseas for new partners.

Invoicing 40

Invoicing Currencies Numbers Accounting 40

PYMNTS

JANUARY 13, 2020

It was a difficult week for businesses getting hit with cyberattacks, with foreign currency company Travelex among the most high-profile of recent cases. PYMNTS’ examination of recent cases finds employees falsifying invoices, doctoring checks and faking out companies to steal money from employers.

B2B 89

B2B Invoicing Currencies Construction 89

PYMNTS

JUNE 24, 2020

The software company said firms in the construction industry have special needs in terms of processing vendor and supplier invoices, and its technology tackles some of the daily challenges that project managers and administrators encounter, per an announcement. It then puts the invoice information into a dashboard.

Construction 75

Construction Accounts Payable Invoicing SAP 75

PYMNTS

MARCH 18, 2016

But as industry experts know, small businesses everywhere are being forced to deal with longer payment terms on their invoices and with corporate customers paying those bills off later. percent) also said the volume of their overdue invoices has also risen in 2015. Late payments are often the topic of discussion in the U.K.,

Invoicing 40

Invoicing Credit Risk Economics Forecasting 40

PYMNTS

APRIL 22, 2020

With more B2B payment technology providers turning their attention to the electronic invoice, the document has become a keystone that connects accounts payable (AP) and accounts receivable (AR) portals. Taulia Targets Supplier Invoicing Via The Buyer. Tradewind Eases Buyer-Supplier Cash Flow.

Accounts Payable 56

Accounts Payable Invoicing B2B Currencies 56

PYMNTS

FEBRUARY 28, 2020

Purchase, invoice and transaction data are invaluable to the journey of digitization and automation, but organizations are increasingly recognizing that the value can only be realized if that data can integrate seamlessly across platforms. “This combination increases data accuracy, and shortens payment cycles.”

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

https://trustedcfosolutions.com/feed/

JUNE 2, 2022

In that case, you may be looking for more powerful real-time accounting solutions to provide you with a better view of your entire operation and help with things like taxation, HR, multiple currencies, and more. If your business is facing complex financial challenges, Sage Intacct can help. The post How Complex Are Your Business Finances?

Finance 104

Finance General Ledger IFRS GAAP 104

PYMNTS

NOVEMBER 20, 2020

While expanding internationally is the easy part, the challenge often comes in the back-office financials like invoicing , cross-border payments, accounting and reconciliation. The challenges of international financial workflows don't end once a payment is received and currency conversion occurs, either. It can be nightmarish.".

Mergers and Acquisitions (M&A) 61

Mergers and Acquisitions (M&A) Foreign Exchange Reconciliations Currencies 61

PYMNTS

AUGUST 12, 2020

Palette allows these firms to ingest invoice information from suppliers in an expedient fashion, handle invoices with an automated process for approvals, and provides a trail that auditors can examine. The firm said companies in the space have unique needs when it comes to handling supplier and vendor invoices.

Construction 69

Construction General Ledger (GL) Accounts Payable General Ledger 69

PYMNTS

DECEMBER 23, 2020

More and more of these workers want to be paid in their local currencies and they also expect these payments to be finalized swiftly. This can cause wrinkles for freelancers who want to claim funds in their local currencies, especially if the conversion costs fall to them.

Currencies 108

Currencies Invoicing Compliance Planning 108

PYMNTS

MARCH 16, 2020

Buyers will be able to pay suppliers in their own countries’ currencies with ease, according to the release. In addition, the deal will allow better reconciliation of payments with the matching invoices. It will also allow real-time payment tracking along with less inquiries about payment-related issues for suppliers.

SAP 99

SAP Foreign Exchange Reconciliations Currencies 99

PYMNTS

JUNE 11, 2020

To help middle-market firms automate each of their accounts payable (AP) procedures on one platform, MineralTree has unveiled “end-to-end” multi-currency functions. Multi-currency payments from the company’s systems are automated through the connection with the international payments system of TransferMate.

Foreign Exchange 52

Foreign Exchange Accounts Payable Invoicing Currencies 52

The Finance Weekly

NOVEMBER 8, 2022

Although it’s meant for small businesses and doesn’t provide as many integrations as QuickBooks, Wave takes care of all of your accounting services and provides invoicing and payroll as well. The entire lifecycle of payments (invoices, payments, reporting, etc.) Great for processing multiple global payments and currencies.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

PYMNTS

MAY 21, 2020

Payments made on credit also incur significant administrative burden on companies that must reconcile invoices — unless electronic invoicing is used. Cross-border payments can exacerbate points of friction, Ginesta maintained, as cross-currency payments are impacted by exchange fluctuations.

B2B 94

B2B Accounts Payable Invoicing Currencies 94

PYMNTS

DECEMBER 11, 2019

Kohli pointed to the added benefits of incoming cash-flow predictions, enhanced invoicing and reconciliation capabilities, and stronger engagement with a vendor’s client community. Addressing cross-border receivables friction is about more than just ensuring that a supplier gets paid. and Turkey. A New Approach To Global Payments.

B2B 53

B2B Accounts Payable Invoicing Currencies 53

PYMNTS

JULY 10, 2019

FLEETCOR -owned Cambridge Global Payments has announced the launch of its Invoice Automation Solution. The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting.

Foreign Exchange 64

Foreign Exchange Accounts Payable Invoicing Reconciliations 64

Future CFO

SEPTEMBER 13, 2023

These transactions frequently span geographical borders, currencies, and ERPs, the firm pointed out, adding that given their inherent complexity, compounded by data quality issues and omissions, intercompany transaction failures are an issue organizations simply cannot ignore.

Accounting 52

Accounting Reconciliations Invoicing Currencies 52

PYMNTS

AUGUST 3, 2020

“Being the world’s reserve currency, naturally regulators are going to take more time. The ability of blockchain infrastructure to store data means transactions can not only be settled in real time, but can also be linked to one specific invoice, opening up the potential for automated reconciliation. As a whole, the U.S.

Treasury 117

Treasury Currencies Invoicing Cash Management 117

PYMNTS

AUGUST 10, 2017

9) said Populous has raised more than $10 million and is now piloting its platform, which uses blockchain technology for invoice financing. Populous uses the cryptocurrency Ethereum to facilitate the sale of invoices on its online platform. Populous also uses smart contracts to enable businesses to get their unpaid invoices financed.

Startups 49

Startups Invoicing Currencies Finance 49

PYMNTS

NOVEMBER 16, 2020

Currency Conversion Headache. A B2B invoice may be issued and paid in one currency, but the recipient of those funds has to convert that money into their local currency. Across Asia, Theaud explained, invoices are often issued in U.S. Across Asia, Theaud explained, invoices are often issued in U.S.

Foreign Exchange 56

Foreign Exchange Currencies Manufacturing B2B 56

PYMNTS

JANUARY 20, 2021

We already have good examples of embedded B2B finance to go by in manufacturing, technology and professional services: A limited number of firms are using embedded payments to streamline the international invoicing and AR processes with their customers. This simplifies a typically complex, costly and slow process for both parties.

B2C 70

B2C B2B Currencies Invoicing 70

PYMNTS

JANUARY 7, 2020

Chief Economist Gita Gopinath of the International Monetary Fund (IMF) said it’s unlikely that digital currency — or a “synthetic hegemonic currency,” which is a digital basket of reserve currencies — would replace the dollar as the dominant global monetary unit, according to the Financial Times.

Currencies 53

Currencies Invoicing Technology Economics 53

PYMNTS

DECEMBER 9, 2020

This week's Commercial Card Innovation Tracker explores how the industry is forging those new journeys: Visa, for instance, is embracing digital currency for corporate cards, while others like WEX and Conferma Pay explore the opportunities emerging in the virtual corporate card arena. Visa To Support USDC Card Payments.

B2B 76

B2B Currencies Invoicing Budgeting 76